GAMB price is $0.00003882
At the time of this writing, the price of GAMB (GMB) stands at $ 0.00003882. However, please do note that the price is subject to frequent fluctuations, reflecting the volatility inherent in the cryptocurrency market. In the past 24 hours, the price has increased by +0.00%.
GAMB, represented by the token GMB, is a decentralized e-commerce marketplace in collaboration with Globra. This unique marketplace, known as GLMall, allows merchants and their customers to make everyday e-commerce transactions in cryptocurrency. To achieve this, GAMB uses a revolutionary parallel chain system, creating a ‘clone’ coin (GMBT) on the SkyFiber blockchain, alongside GMB, its publicly traded ECR-20 parent token.
GAMB is a product of the partnership between Power to the Merchants and Globra, companies committed to revolutionizing the e-commerce space by integrating blockchain and cryptocurrency into everyday transactions.
GAMB operates using a unique parallel chain structure. For each active GMBT (the clone coin) used in transactions on the GLMall marketplace within the SkyFiber blockchain, one GMB token is locked on the Ethereum blockchain until a swap happens. This innovative approach allows transactions to be fee-free, infinitely scalable, and directly limiting GMB liquidity on the Ethereum blockchain.
GAMB's uniqueness lies in its parallel chain solution that allows completely free, infinitely scalable transactions. By tying the activity of the clone coin GMBT within the SkyFiber blockchain to its parent token GMB on the ETH blockchain, GAMB has created an organically value-driving token economy.
All of the 5,000,000,000 GMB that have been created and issued are in circulation. An equal number of clone tokens, GMBT, have also been issued.
GMB is an ERC20 Token and functions as a licensed utility token. Its parallel clone, GMBT, is built on the SkyFiber blockchain utilizing Obelisk, a unique consensus algorithm. The Obelisk mechanism, using the Proof-of-Trust (PoT) consensus, establishes a unique validation process. Obelisk enables the community to quickly shift the balance of power on the network, resulting in a highly democratic and decentralized decision-making process.
You can purchase GMB tokens on several exchanges including KuCoin, Coinsbit & Azbit. These platforms provide multiple trading pairs including BTC, ETH, BNB, USDT. However, always ensure to handle your transactions securely and responsibly as the crypto market involves a high risk.
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